Subject: S7-32-10
From: Chris Durand
Affiliation:

Aug. 17, 2023

To Whom it may concern, 
I fully support the implementation of this proposal with a 0$ reporting threshold. 
Removal of derivatives from the market removes one of the largest risk factors to everyday investors. 
Derivatives are undergirded by greedy and deceptive practices of large financial institutions. There is no transparency and zero accountability or enforcement/penalties that matter. 
Our regulators have failed to protect everday investors from these greedy institutions time and again. It is time to do the right thing. 
Sincerely, 
Long term investor that wants their 401k to have a higher return than a [REDACTED] online savings account!!!